THE GOLDFIELDS.

Auckland Star, Volume XXXVIII, Issue 161, 8 July 1907, Page 2

THE GOLDFIELDS.

TALISMAN CONSOLIDATED.

ANOTHER DIVIDEND DECLARED.

A dividend of 1/ per share has been declared by the directors of the Talisman Consolidated Company, payable on the Ist of August, 1907, to all shareholders on the register on the 15th inst. The transfer books of the company will be closed from the 22nd to the 31st of this month, both days inclusive.

NEW ZEALAND CROWN MINES,

The return from the New Zealand ■Crown Mines for the past month showed a slight falling off, 2022 tons of ore treated having yielded bullion worth £4065. This brings the total output up to £689,357. Ihe detailed returns are as follows: — Bullion won rrom 1306 to 1906.. £661,531 Period ending— January 31. 1907, 2673 tons _ 6,003 February 28, 1007, 1745 tons .. {L9Ol March 81, 1907, 1543 tons 470 April 30, ISO 7, ISI3 tons 4333 May 31, 1907, 20LM) tons .j'ggv June 00, 1907, ions Total to date £689,387

TAIRUA BROKEN BHiLS.

The return from the Tairua Broken Hills for the past four weeks was a satisfactory one, the 300 tons of ore treated yielding bullion worth £1350. Previous returns are appended:— Bullion won rrom isoo to December, 1906 £70,906 13 0 February, 1907. 140 tons 560 O O March 1 _270 ions 1,110 O O May, 550 tous I,SOO 0 0 June, 300 tons... 1,350 0 O £75,726 19 0

In his weekly report, the manager states that the rise lias been advanced loft, making tie total height 175 ft. A cuddy has been driven 10ft into the ladder-way end of the rise, a≤ a retreat ior the men during blasting operations. The reef in the back of the rise is now opening out again, and the ore continues to be of a good payable quality. A large inflow ol water was met with on Tuesday, issuing from the back of the rise. Tais will retard progress somewhat, as the contractors are" now working three six-hour shifts. There are now signs of this large inflow slackening off, and it is not considered it will last'for any length of time. Th? crosscut eastward on Seaver's leader has been extended loft, making a total of 71ft. The main low level crosscut has been advanced 10ft, making a total of 2C3ft. The country driven through has ben of a very tight nature.

MINE MANAGERS' REPORTS.

Victoria,—The Mariner's reef at No. 2 level has been disturbed by a break, bat is now making again, and should improve in the class of country now being penetrated. A distance of 6ft has been driven on the hangingwall lead at No. 1 level, so far with encouraging results. Strong colours of gold have been seen in the lead, which averages about three inches.

New Occidental. —A length of about 6ft has been driven along the line of reef. As numerous fresh veins are coming in and joining the others, the reef promises to be a good size by the time the break is reached. From the appearance of the reef the break seems to be no great distance away. The seams are all well mineralised.